Take a look at the areas around your town that are selling quickly and what numbers they tend to bring.

I would love to know if this is possible, as I have been contemplating the same as well, but I am in South Bay, where 1.5 would probably get a town home.

Sure there are rural to weak suburban towns where property sits forever but most of the acquisition is happening in states for strong suburban to urban core markets.

Look in your town or county by-laws.

Look like a serious successful (YOUNG) businessman who is going to HUSTLE to get the job done, and don't worry about your age.Will you age lose you some clients--sure, but so what--HUSTLE and replace them with one's that don't care.If someone asks your age, tell them "I'm only 21 but I'm working on being the top guy in town this year", and move on in the conversation to close them.Good Luck!

I did just that today and the town I called told me they are not accepting any use variances for conversions to multi family.

It’s a bit steep (in a mountain town) and just want to make sure I’m asking the right questions before making an offer.

If they knocked off $400k from the price it would be priced well, but like every MF in Huntsville, it is priced for the out of town buyer who doesn't know better.

And being a big college town, I suspect you will have some seasonality in there as well.

Welcome to town!